Planning to Paint?

Planning on painting your house this year? NOW is a great time to buy the paint when the demand is low. Make sure to select paint colors with resale in mind. You never know when your life circumstances may change and you will move and need to sell. I have worked with top stagers and they always suggest a soft exterior color and bold front door. Keep the trim subtle and complementary. Whites, grays and touches of black are good choices. Off-white and tan is also a nice combo. The all-white farmhouse look is big with Millennials. Be a bit more unique, as you don’t want every house in the neighborhood to look the same!

Here are some colors that I have personally used. Always try your samples on the house first and view them at different times of the day to see the effects of lighting changes. Think in terms of color, trim and accent color (front door, shutters, etc.) BM = Benjamin Moore, SW = Sherwin Williams, Behr – Home Depot. If you need help, go to your local Benjamin Moore paint store and talk to their color specialists. There are many fine ones in the Bay Area.

What to Expect in 2016

Overall, the Northern California’s housing market enjoyed a good year in 2015, although a shortage of homes on the market posed a challenge for many homebuyers. Double-digit price increases from a year ago were common in many communities, along with multiple offers on some homes, while the limited inventory helped keep a lid on home sales. As 2016 begins, many industry experts believe we’re heading towards a more balanced market, one in which inventory will gradually increase and sales will climb at a moderate rate. If the forecast holds true, it could be welcome relief for potential homebuyers who may have been frustrated by last year’s heated marketplace and the limited number of homes from which to choose. The National Association of REALTORS® (NAR®) forecasts home sales nationwide to rise approximately 3 percent in 2016 to 5.45 million units, up from an estimated final tally of 5.3 million units in 2015. The national median existing-home price is expected to rise to around 5 percent in 2016. (more…)

Attention Sellers! The Early Bird Gets the Worm

Birdhouse
I have found that houses that come on the market early (February, March and April) get the most attention; lack of competition means a higher proportion of buyers see those properties and make faster offers. There is a 27 percent drop in inventory this year over last year. Inventory is even more scarce in the higher end of the market ($1.5 million and above in desirable southern Marin). Literally, agents are bringing their potential buyers to the front doors of sellers, often before their homes are listed!

 

Feeling overwhelmed with the idea of preparing your home for sale? Contact me, and I can put you in touch with some of my favorite resources for fixing up and organizing your home. I will also provide a free market analysis of your home.